This new grant scheme is part of the Governments initiative to reach the goal of planting one billion trees by 2028. It reduces some of the barriers that are present in existing afforestation grants and improves incentives for planting trees.

Led by Te Uru Rākau (MPI), the fund has two types of grants, direct landowner grants and partnership projects, with a total combined funding of $238 million. Landowners can receive between $1500 to $6500 per hectare depending on species planted. There is also a new $1000 per hectare grant available for native forest reversion.

Under the previous afforestation grant scheme the Crown retained the carbon credits for the first 10 years. The new 1BT grant scheme allows the landowner to keep all carbon credits, except for radiata pine. For radiata the Crown still retains the first six years of credits.

We can assist landowners with applications to the new Fund which are now open and can be submitted all year round.

Contact us to find out more or visit MPI's websitehere for more information. You can also watch the launch of the 1BT fund here.

Warrick & Cece James' Flagpole Farm. Image Credit :GEORGE HEARD/STUFF

]]>Sun, 14 Oct 2018 20:34:31 GMThttp://www.carbonforestservices.co.nz/news/massive-global-reforestation-needed-says-shells-ceoTo meet the global warming target set by new research from the IPCC, reforestation will have to be done on a massive scale, about the size of the Amazon rainforest.

More needs to be done.The target of zero-carbon emissions by 2050 is essential, it is a must.According to the latest report by the UN Intergovernmental Panel on Climate Change (IPCC) we only have 12 years in which to turn things around.

CFS Director Ollie Belton is interviewed by Country-Wide Magazine {April 2018, Vol 40 No.4} for their article ‘Getting into the carbon market’. The article is written by Joanna Grigg a client of CFS who owns native forest registered under the Permanent Forest Sink Initiative and the Emissions Trading Scheme.In the article Ollie discusses the opportunities in the carbon market and the importance of carbon price and government policy stability to get more sign-up to the PFSI and ETS, especially for native forests.To access the article click here

Washington based non-profit, Ecosystems Marketplace, has released it's annual report 'State of Forest Carbon Finance 2017'. View the press release and report.​Lead author Kelly Hamrick presents a webinar 'Oceania Carbon Offsetting Trends' based on this report, Ollie Belton features as an expert reviewer providing on-the-ground insights about what is happening in New Zealand. Watch webinar here​

]]>Tue, 16 Aug 2016 12:00:00 GMThttp://www.carbonforestservices.co.nz/news/cfs-managing-director-joins-forestry-reference-groupOllie Belton has been appointed as one of the sector experts to join the Climate Change Forestry Reference Group.The purpose of the Group is to explore and test evidence, analysis and policy options to inform and support officials to develop climate change policy that enables forestry to contribute meaningfully to New Zealand’s international climate change targets. Read the Primary Industries Ministers’ press release here​Download the Climate Change Forestry Reference Group Terms of Reference [PDF, 2.5 MB]]]>Wed, 04 May 2016 20:04:38 GMThttp://www.carbonforestservices.co.nz/news/our-submission-on-ets-review-forestry-mattersLast week we made a submission to Ministry for the Environment's technical review of the ETS. The review focused on ETS forestry including changing the way carbon is treated at harvest (averaging) and recognising stored carbon in wood products (harvested wood products). The proposed changes could greatly benefit the economics of carbon forestry and lower risk. CFS also calls for participation of pre-1990 forests to earn NZUs, and also for certainty on the future use of overseas units in NZ. You can read our submission here (CFS Submission ETS Review April 2016).]]>